One of the biggest themes in the markets for the last two years has been artificial intelligence (AI). Naturally, famed entrepreneur Elon Musk has found himself at the center of the AI revolution — and he just gave investors a big reason to seriously consider both Dell Technologies (NYSE: DELL) and Super Micro Computer (NASDAQ: […]
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to a court filing made public on Thursday. The company’s filing comes two weeks after Tesla shareholders voted […]
The stock market has gotten off to a great start in the first half of 2024. The S&P 500 has gained 14.3% while the Nasdaq Composite is up 17.6% so far this year. One stock that hasn’t done so well is Boeing (NYSE: BA). Shares of Boeing have cratered over 33%, as the aerospace company […]
WASHINGTON (AP) — NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years. SpaceX, a privately held company controlled by technology mogul Elon Musk, will build the vehicle that […]
Space barons Elon Musk and Jeff Bezos have long had competing ambitions to take over the skies. Bezos’ Blue Origin recently proposed a cap on SpaceX’s launches due to environmental concerns. Musk slammed the move and gave the company a new moniker: “Sue Origin.” Jeff Bezos’ rocket company, Blue Origin, thinks the FAA should cap SpaceX’s […]
Critics of corporate diversity, equity, and inclusion (DEI) initiatives are latching on to a new initialism dubiously similar to DEI. Meet “MEI,” short for “merit, excellence, and intelligence,” and coined by Alexandr Wang, cofounder and CEO of Scale AI, a startup valued at $4 billion that provides companies with labeled data used to train artificial […]
Elon Musk has confirmed he welcomed a new baby earlier this year with Neuralink executive Shivon Zilis, the pair’s third child together and Musk’s 12th offspring. The business magnate, 52, told Page Six his newest addition was not by any means a “secret,” but thought releasing a statement on the birth would have just been […]
In this week’s video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of June 17. You can find last week’s summary here. *Stock prices used were from the trading day of June 21, 2024. The video was published on June 22, 2024. Should you invest $1,000 in Tesla right now? […]
A new legal battle is underway to determine whether Elon Musk actually gets his money after Tesla convinced shareholders to back the CEO’s $56 billion pay plan. Tesla filed court documents last week before the same Delaware Chancery Court judge who previously voided Musk’s compensation, arguing the June 13 shareholder vote offered a “principled resolution” […]
Elon Musk claims there are ‘far more’ smart, hardworking people in China than in the US The U.S. has long held the title of the world’s leading economic powerhouse, boasting the highest GDP both overall and per capita. However, China’s rapid ascent is reshaping the global economic landscape. According to Tesla CEO Elon Musk, this […]
Shivon Zilis quietly had a third child with Elon Musk earlier this year, Bloomberg reported. Business Insider first reported that Musk quietly had twins with Zilis, born in November 2021. Zilis, 38, is a director at Neuralink and has had a successful career in venture capital and AI. Elon Musk quietly had another child with Shivon […]
Shivon Zilis quietly had a third child with Elon Musk earlier this year, Bloomberg reported. Business Insider first reported that Musk quietly had twins with Zilis, born in November 2021. Zilis, 38, is a director at Neuralink and has had a successful career in venture capital and AI. Elon Musk quietly had another child with Shivon […]